Cariboo Rose Resources (Cariboo Rose Resources) Cash-to-Debt : 2.00 (As of Nov. 2023)

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What is Cariboo Rose Resources Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Cariboo Rose Resources's cash to debt ratio for the quarter that ended in Nov. 2023 was 2.00.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Cariboo Rose Resources could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for Cariboo Rose Resources's Cash-to-Debt or its related term are showing as below:

CROOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.02 Med: No Debt Max: No Debt
Current: 2.02

During the past 13 years, Cariboo Rose Resources's highest Cash to Debt Ratio was No Debt. The lowest was 2.02. And the median was No Debt.

CROOF's Cash-to-Debt is ranked worse than
63.17% of 2647 companies
in the Metals & Mining industry
Industry Median: 18.37 vs CROOF: 2.02

Cariboo Rose Resources Cash-to-Debt Historical Data

The historical data trend for Cariboo Rose Resources's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Cariboo Rose Resources Cash-to-Debt Chart

Cariboo Rose Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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No Debt

11.10

9.79

7.68

3.65

Cariboo Rose Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															5.00	3.65	3.29	2.34	2.00

Competitive Comparison of Cariboo Rose Resources's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Cariboo Rose Resources's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cariboo Rose Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cariboo Rose Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cariboo Rose Resources's Cash-to-Debt falls into.

Cariboo Rose Resources Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Cariboo Rose Resources's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.339	/	(0.031	+	0.062)
	=	3.65

Cariboo Rose Resources's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.124	/	(0.028	+	0.034)
	=	2.00

Cariboo Rose Resources (OTCPK:CROOF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Cariboo Rose Resources Cash-to-Debt Related Terms

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Cariboo Rose Resources (Cariboo Rose Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cariboo Rose Resources Ltd (OTCPK:CROOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CRB:Canada

Address

325 Howe Street, Suite 110, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.cariboorose.com

Cariboo Rose Resources Ltd is a Canadian resource company. The principal business activities of the company are the acquisition and exploration of gold, copper and other precious and base metal properties in Canada. Its projects portfolio includes Lightning Strike; Carruthers Pass; CHG; PAT; Cowtrail; Koster Dam and Coquigold.

Cariboo Rose Resources (Cariboo Rose Resources) Headlines

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